US: Chiquita cuts earnings forecast for 2010

US: Chiquita cuts earnings forecast for 2010

Produce giant Chiquita Brands International has lowered its forecast for annual profits due to a "sustained reduction" in European exchange rates.

ASIA: Casino "hires Deutsche Bank for Carrefour Asia assets"

ASIA: Casino "hires Deutsche Bank for Carrefour Asia assets"

French retailer Casino has reportedly hired Deutsche Bank to advise on a potential bid for Carrefour's Malaysia, Singapore and Thailand assets.

Sustainability Watch – Jeff Hogue, Danisco

Sustainability Watch – Jeff Hogue, Danisco

If tackling environmental problems is about finding new solutions to make damaging production and consumption a thing of the past, linking sustainability with product development is a must. Jeff Hogue, vice president of corporate sustainability at...

just the answer - William Mitchell, PureCircle

just the answer - William Mitchell, PureCircle

The food industry is paying increasing attention to stevia, a natural, zero-calorie sweetener that its suppliers claim can help manufacturers meet growing demand for healthier products. Stevia suppliers like UK-listed PureCircle are securing contr...

On the money: Kellogg expects H2 improvement

On the money: Kellogg expects H2 improvement

Kellogg CEO David Mackay has insisted he feels "confident" about the challenging cereal category in the US and believes trends will start to improve in the second half of 2010 after a weak second quarter.

just-food

just-food's research round-up

Each Friday, just-food will give you a list of the reports that have caught our eye in the research store over the past week or so. This week's list takes subjects including heart-health, organic food, in-home dining and gluten-free.


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US: Restructuring costs dent Pilgrim's Pride profits

30 July 2010

US poultry group Pilgrim's Pride said today (30 July) that restructuring costs had hit its second-quarter earnings, which slid by more than a third.

US: Chiquita cuts earnings forecast for 2010

30 July 2010

Produce giant Chiquita Brands International has lowered its forecast for annual profits due to a "sustained reduction" in European exchange rates.

CANADA: George Weston Q2 profits rise

30 July 2010

George Weston, Canada's largest food processor and the parent of Loblaw, the country's largest retailer today (30 July) posted higher second-quarter profits.

 

Sustainability Watch – Jeff Hogue, Danisco

Jeff Hogue, vice president of corporate sustainability at Danisco, spoke with Ben Cooper about how the Danish ingredients specialist is making innovation a key pillar of its sustainability strategy.

Hot issue

Lactalis buys Rachel

Lactalis buys Rachel's from Dean Foods

Lactalis, one of Europe's largest dairy processors, has snapped up UK organic business Rachel's. The deal will bolster Lactalis's fledgling organic dairy portfolio, which has a significant presence in France. For Dean Foods, the US group can focus on challenges at home.

 

The just-food interview - Geoff Eaton, Uniq

For a company called Uniq, it is perhaps pretty apt that things are rarely conventional at the business.

Hot issue

Where next for Picard?

Where next for Picard?

French frozen food retailer Picard is set to be acquired by private-equity firm Lion Capital. Its successful business model now looks set to expand, both in France and abroad.

See other hot issues

 

John West, Rachel's join M&A merry-go-round

The M&A merry-go-round continues to spin with two more notable deals involving some household brands.

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